CITIC (00267) released its interim results, with a net profit attributable to shareholders of 33.764 billion yuan, an increase of 8.1% year-on-year.

CITIC (00267) announced its interim results for the six months ending June 30, 2026, with revenue of RMB 408.766 billion, a year-on-year increase of 10.7%. The net profit attributable to ordinary shareholders was RMB 33.764 billion, up 8.1% year-on-year, with basic earnings per share of RMB 1.16. An interim dividend of RMB 0.21 per share is proposed. The announcement stated that as of the end of June, the company's consolidated total assets were RMB 13.65 trillion, an increase of 4.9% compared to the beginning of the year. In the first half of the year, the company achieved operating revenue of RMB 408.766 billion, a year-on-year increase of 10.7%, and a net profit of RMB 70.845 billion, up 18.3% year-on-year. The net profit attributable to ordinary shareholders was RMB 33.764 billion, a year-on-year increase of 8.1%, all surpassing the GDP growth rate during the same period, successfully achieving the "double over half" target. Despite the overall pressure on the Hong Kong stock market in the first half of the year, CITIC's intraday highest stock price reached HKD 13.9 per share, marking a near ten-year high; Moody's outlook was upgraded from "stable" to "positive," and MSCI's ESG rating improved from A to AA since the beginning of the year, indicating a continuous rise in capital market recognition. In the first half of 2026, the group's total revenue amounted to RMB 408.766 billion, an increase of RMB 39.511 billion year-on-year, representing a growth of 10.7%. Among them, net fee and commission income increased by RMB 7.244 billion year-on-year, growing 22.3%, mainly due to growth in CITIC SECs brokerage, asset management, and investment banking businesses; net interest income rose by 5.3% year-on-year, mainly due to the stabilization of CITIC BANK's net interest margin and steady growth in interest-earning assets; sales revenue increased by 8.4% year-on-year, mainly driven by the rise in prices of commodities such as copper and niobium, as well as an increase in the sales volume of related products; other income increased by RMB 9.239 billion year-on-year, up 25.5%, primarily due to increases in the investment income of CITIC Securities' securities investment business.